2026.5.23 Saturday Good BTC/ETH/XAU Analysis


A wave of decline in the early morning, upon closer inspection, ETH just touched yesterday's first support level at 2053, BTC touched 75184.
This week has been a market where both longs and shorts could be traded; the more it drops, the more it tests the support strength of the lower band, for example, this week's lower band at 75475 should be very familiar.
ETH's 2045 line yesterday was raised a few dollars to around 2053;
After this wave of decline, the market's 1h/2h acceleration to the bottom suggests that if next week can break below 75475 and accelerate downward, then it will be time to trade spot swings with eyes closed.
Just stay calm!
BTC support/resistance levels: 78425 / 75475 / 72700 / 69850 / 68900 / 67135
Except for the first two levels, the others have been tested repeatedly from early April to May, and have withstood the test.
If there is still a chance below 70,000 later, be bold to buy spot when the time comes.
Last night, with the initial position at 76800 being trapped, a quick check shows that setting a stop loss at 76000 results in a 1% loss, which is completely acceptable.
For those who haven't set a stop loss, reduce positions and set liquidation prices accordingly.
If there is a rebound with some volume over the weekend, it can reduce positions.
If it continues to plunge at the opening on Monday, just fill the gap!
ETH support/resistance levels: 2225 / 2145 / 1995 / 1855
Since early April, ETH's rebound has been the weakest, and this wave of decline has also fallen the deepest, so this drop will also be the most thorough!
Last night, I entered a long position at 2096.5 with one lot.
If you don't want to hold, a stop loss within 20 dollars is acceptable.
Just leave a big position order.
Gold (XAU) usually experiences extremely narrow fluctuations over the weekend.
Currently in after-hours trading, heavily influenced by market news.
Operation advice does not constitute any investment basis:
Last night, we predicted high volatility, expecting a rebound in the early morning for longs.
North American markets made a quick move overnight but did not hit the take profit level, indicating weaker North American bulls.
BTC is now consolidating at the key support level of 75475.
Those with large positions at 76000 who haven't reduced their positions should cut when volume breaks through here.
Ensure no liquidation price!
Overnight, extremely narrow fluctuations mean short-term traders should lower profit expectations.
For those trapped in the first position, don't rush to add; the best opportunity is during the sharp decline on Monday morning and evening.
If Monday doesn't show this trend, then a rebound next week will easily recover losses!
Just stay calm!
$BTC ethereum:native
BTC-1.95%
ETH-3.12%
XAU-0.15%
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GateUser-5fc4456a
· 6h ago
Buy the dip 😎
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GateUser-5fc4456a
· 6h ago
Buy the dip and enter the market 😎
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GateUser-5fc4456a
· 6h ago
Buy the dip 😎
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Ryakpanda
· 11h ago
Just charge forward 👊
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ILikeUu
· 11h ago
Hop on now!🚗
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